FDN Trading had the following selected transactions on November 5: Purchase of furniture on account, P21.000 Purchase of steel trash bin for cash, P1,800 Sale of merchandise for P34,000 less 10 on terms 30% down and the balance 2/10 n/30 Paid for the repair of one air-conditioning unit, P3.280. Collected a customer's account, P15,880 How much was the total amount debited to Cash?
FDN Trading had the following selected transactions on November 5: Purchase of furniture on account, P21.000 Purchase of steel trash bin for cash, P1,800 Sale of merchandise for P34,000 less 10 on terms 30% down and the balance 2/10 n/30 Paid for the repair of one air-conditioning unit, P3.280. Collected a customer's account, P15,880 How much was the total amount debited to Cash?
Chapter3: Analyzing And Recording Transactions
Section: Chapter Questions
Problem 24EA: Post the following November transactions to T-accounts for Accounts Payable and Inventory,...
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